As the Insurance Journal reported:
The European parliament is going to cooperate with the USA as the new way of negotiations is demanded. Europe and the U.S. can create a free market for 800 million people and in such a way counter the power of China thanks to a transatlantic trade deal. Now Brussels and Washington are on the track of negotiations as it can open new possibilities for both sides. Some say that some problems with agriculture and data protection can provide definite obstacles.
The representatives of 27 states were involved into the negotiation. It is supposed to use billions of euros in new transatlantic business at a time of economic crisis in Europe. The United States expects only growth from the European side. It can help America to wide the rules of global commerce before China does.
For accessing the markets it’s planned to regulate on everything from cars to medicines as in EU as in the United States.
As the Insurance Journal reported:
Zurich Insurance Group announced about its cooperation with the Red Cross and Red Crescent Societies.